re: down today mmmm Jingemia!
Don't forget the Origin factor. Blowouts, 3 month Jingemia production stoppages, 18mth Bassgass start up delays and bigtime disputes with contractors, etc all par for the course with this operator.
I think we are all waiting to see if ARQ can still find a decent oil pool. IMO for ARQ with it's cash pile converting oil in the ground to cash in the bank probably destroys as much value as it creates atm. What is needed is a reserves replacement story.
Disclaimer: Currently out, and an agnostic, was a fervent believer.
Entropylord
re: down today mmmm Jingemia!Don't forget the Origin factor....
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Last
14.0¢ |
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Mkt cap ! $43.14M | |||
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